Significant move is coming up in TLT. See my Tug-of-War indicator (renamed from Omnichannel to better express what it does) reached a new low and thus I expect a significant move tomorrow or shortly after. The indicator doesn't show the direction of the move. The trend lines of the indicator (show overlayed on price) show an upward trend (the line is above its 10...
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No, not as a treatment - please don't inject uranium as a treatment (if Uranium came in a bottle it would need a warning for Americans).
Competition? What I mean is that Uranium has been on a run starting from when the equity markets showed weakness - and has yet to show signs of slowing. I'm not sure what the relationship is yet, as crude,...
The indicators look bearish:
the blue and red lines are below 0
the purple line reached a high just above 0 and will probably come back down (and the price along with it)
the red line in the lower pane just crossed below 0 as well
the green area there is trending down and is below 0
Conclusion: I expect TLT to fall in this coming week. Sell short UNG (or...
This is based on technical indicators that I wrote on a daily chart with Heikin Ashi bars (which show the price a little different than standard candles).
I put this forth on April 29 (see linked related ideas). That was when the middle (green) indicator reached a bottom. That signifies that a price move is coming up over the next bars (in either direction). As I...
Investing in treasuries has always been seen as a flight to safety and this last few months has been no different. Although the S&P 500 has rallied sharply since falling into a bear market in March, it is still down around 14% year to date.
TLT, the treasury bond fund, on the other hand, is up almost 25% over the same period.
The GoNoGo Trend signaled a “Go”...
Hi, thanks for viewing.
I think there is less demand for over-priced (subjective call) personal electronics at the moment. People are rightly thinking about more essential items, paying down debt, and increasing savings.
Probably worth pointing out how strong the 200 week moving average is as support - somewhere around 185, which is lower than people think....
This is looking at the dollar situation during this crash. And some other dollar risk situations. Definitely long the dollar during the crash. Long the DXY dollar index against other currencies. Very long gold on the up bounces. And short the market, the whole market.
Quick SPX update:
~ Expecting a brief relief rally (haven't we all)
~ Target is in between the 38.2% and the 50% Fib retracement (2,650 - 2,800)
~ Looking for a potential move to the 21 daily ema, at which point i will be looking to go bearish again
~ The move will likely be on the back of the "positive" stimulus news, but i am very skeptical of how the markets...
BOND MARKETS SAVANTS CLAIM THAT THE DEEPER THE YIELD-CURVE INVERSION, THE DEEPER THE RECESSION!
HOWEVER, VISIBLE INVERSIONS HAVE BEEN INCREASINGLY SHALLOW WHILE FOLLOWING RECESSIONS HAVE BEEN INCREASINGLY SEVERE, CULMINATING IN THE 2008 GLOBAL FINANCIAL CRISIS!
BY THIS LOGIC, WILL THIS RECESSION BE MORE SEVERE THAN 2008?
I honestly think this is a BTFD here fam the 10 yr looks primed to reverse. And this implies the stock market will boom long term heading into 2021-2024 when the yield finally tests the 200 ema and probably fails leading to another big crash. I think a Trump victory in 2020 all but solidifies this narrative that I am looking at here with the 10 yr
In earlier published idea, I indicated that corporate spreads would widen and that indexes (and lower quality corporate bonds) heavily invested in corporate high-yield bonds would suffer. This has since occurred, and will continue.
Thanks for viewing, I labelled this as "long" despite some as yet unexplained steep price reductions in the short to medium term. I did that because I saw that price drops were coming but that was just a signal to add to purchases, as opposed to sell.
Why do I expect price drops in the short to medium term?
1. Elliot Wave seems to indicate the ending of wave (3)...